Gold Cash is a rapidly growing open-source blockchain created in early 2020 and released in mid 2020. After 2 years of forward thinking development, GoldCash has become one of the rarest cryptocurrency assets in blockchain existence.
The Gold Cash blockchain is a database of transactions secured by encryption and validated by peers. Here's how it works. The blockchain is not stored in one place; it is distributed across multiple computers and systems within the network. These systems are called nodes. Every node has a copy of the blockchain, and every copy is updated whenever there is a validated change to the blockchain. The blockchain consists of blocks, which store data about transactions, previous blocks, addresses, and the code that executes the transactions and runs the blockchain.
When a block on the blockchain is opened, the blockchain creates the block hash, a 256-bit number that encodes the following information:
The block version: the Bitcoin client version
The previous block's hash: the hash of the block before the current one
The coinbase transaction: the first transaction in the block, issuing the bitcoin reward
The block height number: how far away numerically the block is from the first block
Merkelroot: A 256-bit number that stores the information about all previous blocks
Timestamp: the time and date the block was opened
The target in bits: the network target
The nonce: a randomly-generated 32-bit number
Mining is the process of validating transactions and creating a new block on the blockchain. Mining is conducted by software applications that run on computers.
The hash is the focus of the mining programs and machines. They are working to generate a number that matches the block hash. The programs randomly generate a hash and try to match the block hash, using the nonce as the variable number, increasing it every time a guess is made. The number of hashes a miner can produce per second is its hash rate.
Mining programs across the network generate hashes. The miners compete to see which one will solve the hash first—the one that does receives the bitcoin reward, a new block is created, and the process repeats for the next group of transactions.
Halving is an important concept in Gold Cash mining. At first, the mining reward was 0.5 Gold for solving the hash. About every 2 years, or 200,000 blocks, the reward is cut in half. So, rewards were cut to 0.25 Gold in 2022. The next halving is expected to occur in 2024 when the reward will reduce to 0.125 Gold,
The last Gold Cash is expected to be mined somewhere around 2048. All 200,000 Gold Cash will have been mined at that time, and miners will depend solely on fees to maintain the network.
A wallet is a software application used to view your balance and send or receive Gold Cash. The wallet interfaces with the blockchain network and locates your Gold Cash for you. The blockchain is a ledger with portions of Gold Cash stored on it. Because Gold Cash is data inputs and outputs, they are scattered all over the blockchain in pieces because they have been used in previous transactions. Your wallet application finds them all, totals the amount, and displays it
Discover major development milestones of the Gold Cash blockchain.
Full-time development has been started to build the future of the Gold Cash blockchain.
Genesis block was successfully mined and the Gold Cash blockchain officially launched.
Altmarket Exchange Listing.
ZTB Exchange, one of the largest Chinese Exchange listed Gold Cash.
Gold Cash Reached £10 a coin for the first time!
C-Patex Exchange Listing!
Exbitron Exchange Listing!
First Gold Cash Auction!
Txbit Exchange Listing
Coin Market Cap supports Gold Cash
A list of items that we want to do for Gold Cash. Browse and start to contribute.
Mine some Gold Cash with you CPU/GPU! All mining pools that support Gold Cash can be found on Mining Pool Stats.
Z-Pool Multicoin pool.
R-Plant Multicoin pool.
PmpMining Multicoin Pool
It's never been easier to mine Gold Cash just paste you wallet address and click "start mining".
One Click GUI Miner
Gold Cash (GOLD) is a highly scalable peer-to-peer digital currency combining demand scarcity with cryptocurrency assets.
Getting started to use Gold Cash is even easier than sending an SMS. You can send and receive Gold Cashs using the devices you already know and love. All you need is installing a GoldCash supported wallet then click scan, scan the QR code and send GoldCash. As easy as 1..2..3.
Gold Cash is mined only with CPUs and GPUs, which means that anyone can obtain some Gold instead of large ASIC mining farms that are inaccessible to individuals. Even a basic household computer can join in mining!
Gold Cash is 105 times more rare than Bitcoin. Making it a much more scarce asset than Bitcoin!
Gold Cash has been built on the uncrackable technology of the Bitcoin blockchain. This technology has been proven to be secure for over 10 years.
Gold Cash is a 100% Proof of Work (POW) blockchain that can be mined with CPU/GPU (YescryptR16) Mining Pools mining contributes to decentralization, security of the network.
Compared to 21 million circulating Bitcoin,Gold Cash is 200,000. Gold Cash block rewards reduces by 50% every 100,000 Blocks (2 Years). All 200,000 Gold Cash will be mined by the year 2048. After 2048 the miners will then rely on transaction fees alone.
Buy Some Gold Cash! All exchanges and services that support GoldCash can be found on CoinPaprika.
Xeggex freely trade Gold Cash.
Exchange Disclaimer
The exchanges introduced here are for informational purposes only and they are not affiliated with the Gold Cash community. Any exchange can list Gold Cash without permission. Please always do your own research before using them, then store your GOLD on a personal wallet.
Gold Cash could be used to securely buy anything we find in the physical world. From tangible assets such as real estate or cars, through to scarce digital pieces of art.
Gold Cash leverages unique aspects of a truly decentralized blockchain only found within a permissionless blockchain like GoldCash. This allows Gold Cash to be more secure, scalable and decentralized than any other platform in the market.
In addition, Gold Cash's deflationary features are written in code to halve every 2 years, thereby ensuring a forever scarce asset. Ensuring there will only ever be 200,000 Gold in circulation.
Thousands of volunteers from all over the world have contributed to Gold Cash in countless ways for years to make it what it is today. It is a truly grassroots movement. We warmly welcome you to join us!
The GoldCash Foundation is a volunteer managed organization that operates in a non-profit way. They protect and promote the true principles of decentralization and empower GoldCash and its community to establish and maintain a sustainable decentralized world.
Gold Cash is a community-driven outreach initiative. They are led by a team, whose members in turn manage teams across social media, outreach, education, writers and developers. They aim to promote the GoldCash blockchain through education, outreach and marketing campaigns.
Everyone that is working on the GoldCash blockchain is an unpaid volunteer who devoted their time and skills to a project they believe in. Start contributing to the GOLD development today or build your own app on top of the GoldCash blockchain.
Telegram is the most popular and simple way to engage with the global Gold Cash community. Please join the groups below which you are interested in or see the list of all GoldCash groups.
Select an application to send, accept and store your GoldCash
Current GoldCash Core v1.1.0
GoldCash Core contains a full copy of the blockchain and builds the backbone of the network. However, it needs a lot of disk space, high memory usage and long sync time. If you are not an experienced user, you may want to use a simplified software wallet.
Gold Cash Core
Available for Windows, Linux
Wallet Disclaimer
All the Third-Party wallets introduced here are hosted by their own servers or application stores. We have no responsibility for possible issues you may have about any Third-Party wallet. In such case you should contact the related wallet's support service.
These following companies we recommend.
Social media.
Follow Gold Cash across all primary social media platforms to keep up with the latest Gold Cash news and share the posts with your friends to help us make our voices heard all over the world.